Daniel Kretinsky is on the brink of becoming West Ham United's largest shareholder after finalizing a deal to acquire an additional stake from the Gold family. This move will elevate Kretinsky's ownership to 43%, surpassing the 38.8% held by David Sullivan, who resigned as joint chairman following revelations of historic misconduct allegations.

In a joint statement, Kretinsky and Vanessa Gold expressed that their partnership aims to bolster the Hammers' efforts to secure a swift return to the Premier League. They noted:

• An agreement has been reached on the key terms of a share purchase transaction.
• This deal, subject to other shareholders' rights and necessary approvals, positions 1890 Holdings as the principal shareholder with an approximate 43% stake.
• As the largest stakeholder, group EP will provide essential financing for the club.

Kretinsky and Gold emphasized their concern regarding the allegations against Sullivan, stating they were only informed of these claims about a month ago. They reiterated their commitment to the club's future, saying:

We were deeply concerned by the revelations made by The Times and Panorama this week.

• They expressed solidarity with those who have bravely spoken out against abuse of power.

The statement also highlighted that the board, excluding Sullivan, was only recently made aware of ongoing safeguarding measures that have been in place since 2023. Moving forward, Kretinsky and Gold are focused on stabilizing the club, retaining key players, and working under Nuno Espirito Santo to achieve an immediate return to the Premier League, while engaging with fans and partners to strengthen West Ham's future.